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Aggregation of Nerlovian profit indicator

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Author Info
Rolf Fare
Shawna Grosskopf
Valentin Zelenyuk

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Abstract

This note shows that the Nerlovian profit indicator may be aggregated over firms into an industry measure of profit efficiency. The note also provides conditions under which the technical component of the indicator may also be aggregated.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850600825584&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Publisher Info
Article provided by Taylor and Francis Journals in its journal Applied Economics Letters.

Volume (Year): 15 (2008)
Issue (Month): 11 ()
Pages: 845-847
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Handle: RePEc:taf:apeclt:v:15:y:2008:i:11:p:845-847

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  1. Walter Briec & Christine Comes & Kristiaan Kerstens, 2005. "Temporal Technical and Profit Efficiency Measurement: Definitions, Duality and Aggregation Results," Working Papers 2005-ECO-01, IESEG School of Management. [Downloadable!]
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This page was last updated on 2009-12-5.

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